News Announcement

PG Electroplast: Board Meeting Outcome for Outcome Of Board Meeting

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform that the Board of Directors of the Company at their meeting held today i.e. October 19 2024 at 10:00 AM concluded at 11:05 AM have inter-alia considered & approved following businesses:1. Issuance of equity shares or other convertible securities by way of Qualified Institutions Placement for an aggregate consideration not exceeding Rs. 1500 Crores (Rupees Fifteen Hundred Crores only) in accordance with the applicable laws including the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 and the Companies Act 2013 each as amended subject to receipt of all necessary approvals if and to the extent required;2. Approved the draft Notice of Extra-Ordinary General Meeting ("EGM") for seeking approval of the shareholders by way of special resolution for issuance of the Securities.


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